The municipality of Schaan has enjoyed a successful year. It recorded a revenue surplus of CHF 24.8 million in the current account. Combined with remaining investment expenses, amounted to an excess of CHF 27.8 million.
Schaan primarily attributes its successful results to the 29 per cent increase in tax revenue from private individuals and companies. A further CHF 6.6 million resulted from the sale and exchange of property.
While resources designated for self-financed investments totalled CHF 40 million, net investments reached only CHF 12.2 million. This resulted in an investment surplus in the overall account balance.
The plowback ratio was 327.73 per cent, meaning all investments were directly financed and net financial assets grew to CHF 183.2 million. The municipality’s net assets are now worth around CHF 226 million.